Gormandale Suburb ProfileVictoria 3873
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Gormandale has 187 properties. Over the last 5 years, Houses in Gormandale have seen a 59.76% increase in median value, while Units have seen a 118.92% increase. As at 31 October 2024:
- The median value for Houses in Gormandale is $484,790 while the median value for Units is $446,731.
The size of Gormandale is approximately 93.2 square kilometres. It has 2 parks covering nearly 9% of total area. The population of Gormandale in 2011 was 443 people. By 2016 the population was 329 showing a population decline of 25.7% in the area during that time. The predominant age group in Gormandale is 50-59 years. Households in Gormandale are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Gormandale work in a managers occupation. In 2011, 77.4% of the homes in Gormandale were owner-occupied compared with 85.5% in 2016..
Market Insights
Gormandale Trends for Houses
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Gormandale Trends for Units
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Neighbourhood Insights
Age
Population 329
0-9
14%
10-19
9%
20-29
9%
30-39
14%
40-49
11%
50-59
19%
60-69
17%
70-79
8%
80-89
2%
Household Structure
Occupancy
Recent Sales in GORMANDALE 3873
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Last Updated: 18/11/2024
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